THORNBURG INTERNATIONAL VALUE

Ticker: TGVAX CUSIP: 885215657 Class: NTF EQUITY FUNDS

Janney Montgomery Scott LLC's Holding History (CIK: 0001329948)

Note: Option positions (PUT/CALL) are excluded.

Q4 2013

Shares 12,728 Value ($000) $399,529 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2013	12,728	$399,529	—	—